Rating to Follow: Sound Energy PLC (LON:SOU) Buy Rating Reconfirmed at finnCap; With GBX 104.00 Target

November 24, 2016 - By Marguerite Chambers

Sound Energy PLC (LON:SOU) Rating

In a note revealed to clients on 24 November, Sound Energy PLC (LON:SOU) stock Buy was restate by Analysts at finnCap. They currently have a GBX 104.00 TP on the stock. finnCap’s TP would indicate a potential upside of 30.00% from the company’s last stock close price.

Sound Energy PLC (LON:SOU) Ratings Coverage

Out of 2 analysts covering Sound Oil PLC (LON:SOU), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 104 is the highest target while GBX 23 is the lowest. The GBX 102.50 average target is 27.50% above today’s (GBX 80.39) stock price. Sound Oil PLC has been the topic of 65 analyst reports since September 7, 2015 according to StockzIntelligence Inc. The company was maintained on Monday, September 19 by Cantor Fitzgerald. On Thursday, April 28 the stock rating was maintained by FinnCap with “Buy”. Cantor Fitzgerald maintained the shares of SOU in a report on Thursday, April 21 with “Buy” rating. On Wednesday, December 16 the stock rating was maintained by FinnCap with “Buy”. The stock has “Buy” rating given by FinnCap on Monday, March 14. The firm has “Buy” rating by Cantor Fitzgerald given on Tuesday, May 24. The rating was maintained by FinnCap on Tuesday, January 26 with “Buy”. The stock of Sound Energy PLC (LON:SOU) earned “Buy” rating by Cantor Fitzgerald on Thursday, October 1. Cantor Fitzgerald maintained Sound Energy PLC (LON:SOU) on Thursday, July 7 with “Buy” rating. The firm earned “Buy” rating on Thursday, November 24 by Cantor Fitzgerald.

About 3.38 million shares traded hands. Sound Energy PLC (LON:SOU) has risen 413.39% since April 26, 2016 and is uptrending. It has outperformed by 407.98% the S&P500.

Sound Energy plc is a Mediterranean upstream company. The company has a market cap of 463.84 million GBP. The principal activity of the Company and its subsidiaries is the exploration, appraisal and development to production as an operator in the gas and oil industry. It currently has negative earnings. The Company’s principal activity is in Italy and Morocco.

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